Thresh Hold limit, Income Tax

[Deepak Whorra]

Dear Experts,

A simple question :

In general , for sales  of products by cheque/RTGS/Credit Cards, is there any thresh hold value above which one has to obtain the Pan No. of the buyer ? I am asking this question as it pertains to products other than those mentioned in Section 206C.

 

Posts / Replies

[MARIAPPAN GOVINDARAJAN]

Obtaining PAN is advisable for all in any matter and also it is for identify proof.